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Cup Series <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2008975>

I encourage you to review the Channels for Building Wealth document linked from the beginning of this Journal. I also encourage you to review the 'Flaws and Formations' Section of last year's Futures Journal (also linked from page one of this thread). Lastly, I encourage you to stick to one...

Interestingly, where once you could not see, now you can. Where once no differences existed, now differences exist. No. A traverse (and a channel) requires three components. Then, at your current skill set, these annotations would not represent traverses as they do not have the necessary...

And I, you. I just wanted to make sure our different use of vocabulary wasn't masking a failure on my part to clarify. I see now we use slightly different terms to describe the same event. Enjoy the weekend. - Spydertrader

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Pink and Blue do represent Traverses and the Red does represent a channel - the only channel on this snippet. However, the very skinny lines represent tapes - not traverses within the pink traverse. Tapes build Traverses, and Traverses, in turn, build channels. In other words, a traverse...

I encourage you to increase bar spacing and set your scale more appropriately, so that others may have an easier time of actually 'seeing' what your charts and annotations say. In addition, using OHLC charts, rather than candle charts should increase the number of responses you receive. By...

Once again, the answers required existed in your own understanding. One simply needed to apply a small amount of critical thinking onto the matter at hand, and bingo, the correct answer reveals itself. Nice work. - Spydertrader

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Since you have yet to indicate whether or not you now see those previously undetected differences, are you really asking me why I didn't use an example where you already stated you couldn't differentiate? Wrong. Look Again. These two (blue and pink) ... <img...

Then I encourage you to look closer if you do not see a difference. Please compare the blue and pink traverses here with the Orange and blue annotations here, and let me know if you still see no differences. The differences should be quite striking. - Spydertrader

You might want to add some more detail to your charting in order to 'see' the changes both on the Intermediate and Short terms, and not just, the longer terms. Incorporate tapes, traverses and channels into your annotations, as well as all formations. In such a fashion, things should become much...

Perhaps, you could specifically indicate what you find so confusing. I answered this question in response to PointOne. Without the formation of traverses, one cannot have a channel, and since no traverses formed prior to the 11:00 AM [close of] ES bar, then we cannot have witnessed a...

Just because you have 'annotated everything' doesn't mean you are 'out of line' with the rest of the journal. My post, with respect to the one FTT, refers to Traverses. Plenty of FTT's throughout the day on the 'tape' level to be seen, but if one plans to focus on trading the same fractal...

While I cannot 'see' through your eyes, my guess would be because you see a channel where I refer to a traverse. - Spydertrader

Nicely done. In addition, another of the 'three times' one can 'see' increasing volume when Price moves in a non-dominant direction (Right trend line Break, Formation BO / FBO or 'Spike' Bar) also appears on the chart. Once again, the answers people seek exist already in their mind (In other...

Perhaps, you could use the Jokari Window posted by Tikitrader and circle which cell you believe applies. - Spydertrader

If you want to discuss vocabulary words as signals for change, then FTT = Left Trend Line Bounce. If you want to discuss actual signals for change, then the vocabulary words representing specific signals for change at specific points in time need not be used as an item for differentiation. In...

The FTT falls on the Bar circled where you have a large red 'Number One' on your chart. Your green up Point Three represents a Traverse and not a channel. In other words, a channel requires traverses inside it. The market did not provide any here. I do not understand this question...

The Bar to which you refer in your questions represents the only FTT of the day. Price spent the remainder of the day in a down Traverse. In addition, the bar represents an FTT on a Traverse and not a channel. With respect to your Lilac colored annotations, note how increasing black formed at...